About your Search

20110701
20110701
Search Results 0 to 8 of about 9 (some duplicates have been removed)
to be a very busy place. we got the folk line festival under way behind me, also the big fireworks show they're getting ready for on monday. two concerts on the steps of the capitol, also at the washington monument. but from coast to coast, we're talking beaches and barbecues and camping and celebration. july 1st and the 2011 great escape is on. ♪ hot fun in the summertime >> reporter: from yosemite in the west. >> i like the girls the best. >> reporter: aaa says 39 million americans will travel 59 miles or more this long weekend. that's 1 million fewer than last year. >> reporter: you can blame the pain at pump. the national average for unleaded now $3.54 a gallon, down from the high of $3.98 on may 4th. but still 80 cents higher than a year ago. >> it's still tough because we're still kind of transitioning from how high the gas prices were so we've got in the habit of not traveling as much. >> reporter: the big surprise? while fewer people are driving than a year ago, more people are flying. air travel is up 9% this summer. >> for some people, it actually may be more convenient and cheap
forward. >>> big news this morning. first according to several reports the sexual assault case against dominique strauss-kahn is falling apart because his accuser may not be telling the truth. strauss-kahn has a bail hearing later today. cbs news correspondent elaine quijano is at the courthouse in manhattan with the latest. >> reporter: good morning to you. if true these new developments represent a stunning reversal of fortune for the man whose political and financial career all but disintegrated when he was arrested six weeks ago. two law enforcement officials told "the times" the case against dominique strauss-kahn could soon collapse because they have uncovered major holes in the credibility of the housekeeper who filed the charges. >> this defendant is charged with criminal sexual acts in the first degree. >> reporter: the woman charged that strauss-kahn assaulted her and forced her to commit a sex act when he came upon her while she was cleaning his $3,000 a night suite at new york's sofitel hotel. forensic evidence confirms a sexual encounter between the two took place but pros
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
that she is not telling the truth. so we don't know exactly what is going on here. but it is a big deal for them to be questioning the integrity of their own witness. >> jack, what do you expect the court is deciding today regarding bail and movement of strauss-kahn? >> it's interesting because it's not unusual to go back to a judge during the course of a case and ask for changes to be made in bail. but as those changes are usually requested by the prosecution when they say they have more information and more bad stuff on this guy and we want you to to jack this up. for the judge to change this maybe off the record or on the record but it strongly suggests there are serious problems here and that even the prosecution is backing away from him at this point. >> jack ford, thank you so much. >> thank you. >>> president obama heads to camp david today for the fourth of july weekend. after turning down senate majority leader offer to meet with republicans over the budget stalemate. bill plante has the latest on the negotiations this morning. bill, good morning. >> reporter: good morning to y
. a big bank or two fail. this causes a run on american money market funds which have exposure of about a trillion dollars to european banks. and we find ourselves very quickly back at a moment very much like 2008. do you find a scenario like this to be plausible? and if so, what has dodd-frank accomplished? >> maybe i can start and others can join in. first of all, i think it's a terrific and i think central important question. i do think there is real risk right now, as there has been for many months now, that crisis in europe hurts the -- not just the european banking sector but the u.s. banking sector and the u.s. financial sector. the money market fund system is still, i think, not fully resolved. that is i think the sec's changes under rule 287 that improve the liquidity position of money market funds is good. the bazzel liquidity rules that will kick into place for the banking sector are good and will help. the capital margin and collateral requirements in the repo sector will also help significantly. and weaknesses -- i'm sorry, the last i would point out the significant capital
the big fight's going going to be over the debt ceiling limit. that's where the hard negotiations are going to be put out. and then they will probably be given a new number, and they'll have to revisit that bill that they've worked on in committee and meet the new number. so if that's what happens, it's probably a good thing. host: so first things first. guest: look, here's what each department or each function of government is going to be getting, and then work out what you think you can get, the most bang for the buck, so to speak. host: let's get to calls for you. we're going to begin with a call from los angeles. michelle is a democrat there. you're on for david keating of the club for growth. caller: given that you made the comments about t republican candidate mitt romney has developed an unshakable reputation as a flip-flop per uses federal powers to coerce taxpayers, and tim pawlenty is hard to pin down, who do you like? guest: well, what the club for we haveohas been doing, published a series of white papers on many of the presidential candidates, all of those that have d
to 100. >>> right after the break, the embarrassing security breach that shows some big holes in airport security. [ kate ] if this icelandic mud could work wonders on my skin, imagine what it could do for my business. now, i just had to figure out a way to get it back to the states. so i called john, my citibank small business expert. [ john ] kate, how are you? [ kate ] he got me a line of credit and together we made it happen. now, my spa has more business than ever. ...and so does our cleaning crew. [ male announcer ] at citibank, we believe small business is a big deal. what's your story? citibank can help you write it. >>> an embarrassing and potentially dangerous story has the tsa doing damage control. an agent allowed a man to board a flight with an outdated boarding pass and invalid i.d. a nigerian man is in custody tonight charged with being a stowaway. we bring in beverly white from our l.a. station who joins us from lax. beverly, with all the security checkpoints we go through to board a flight, how could this man slip right through? >> reporter: it makes you wonder, raj. it
, and i see that you are less and less likely to be allowed by a big cover. we are building america to practice your religion, to practice your belief in laws, to accept responsibility for individually and as families and as government for your actions, and in that regard, i believe the american dream is lost. host: thanks. we're going to stop you at this time. thanks for adding your comments. on twitter, don't fall into the belief that the dream is dead. you're being manipulated for political purposes. parkville, indiana, sam is a democrat there, to talk about the american dream. good morning to you, sam. caller: hi. it from the united states of america to corporate states of america, united states of america, united corporations of america. corporations own this country. they have the republicans baltimore and paid for. they have the supreme court bought and paid for. we really have a lot of problems coming our way. thank you. host: thanks for your call. "baltimore sun" has a front-page story about immigration. opponents of tuition breaks for illegal immigrants have more signature
Search Results 0 to 8 of about 9 (some duplicates have been removed)